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Defaulted on student loan, twice.


Jowolfsburg
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The last post in this topic was posted 1827 days ago. 

 

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I defaulted on my NY hesc student loan about 6 years ago which resulted in my wages being garnished. I was eligible for loan rehabilitiion after making 9 on time monthly payments. My loan was given to another company for repayment and I was taken out of default status. I lost my job about a year or 2 later and missed a few payments. My loan then went back to ny hesc under default and my wages were garnished again. I paid through the garnishment but the cost was beginning to become too much. I worked out a payment plan monthly to stop the garnishment, but my loan is still in default. I am no longer eligible for rehabilitation, but I would like to get out of default. I dont have much left to pay (between 6-7k). My question is would it make sense to just keep paying it this way or attempt to find another method to get out of default ie another loan. Thanks in advance.

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  • 3 weeks later...

The last post in this topic was posted 1827 days ago. 

 

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